_trump-media-amp-technology-group-posts-net-loss-in-first-quarter-as-the-truth-social-parent-company-pursues-mergers-stre.jpg "Trump Media & Technology Group Posts Net Loss in First Quarter as the Truth Social Parent Company Pursues Mergers, Streaming Opportunities from muzickbd24 net Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:41
👁 View: 30K times
✓ Published: 22-May-2024
👁 View: 30K times
✓ Published: 22-May-2024
Description:
Trump Media & Technology Group, the parent company of Donald Trump's Truth Social network, reported a net loss of over $300 million and total revenue of more than $770,000 in its first fiscal quarter. DJT shares were relatively flat in post-market trading following the earnings report's release. TMTG also said it signed contracts with a data center partner and hardware vendor to launch Truth Social's TV streaming platform in three phases. CEO Devin Nunes said the company is exploring potential mergers and acquisitions to expand Truth Social and develop its own content delivery network for the TV streaming platform.
Trump Media & Technology Group, the parent company of Donald Trump's Truth Social network, reported a net loss of over $300 million and total revenue of more than $770,000 in its first fiscal quarter. DJT shares were relatively flat in post-market trading following the earnings report's release. TMTG also said it signed contracts with a data center partner and hardware vendor to launch Truth Social's TV streaming platform in three phases. CEO Devin Nunes said the company is exploring potential mergers and acquisitions to expand Truth Social and develop its own content delivery network for the TV streaming platform.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
Related Videos
_ms-janitor-turned-ceo-6.webp "Ms. Janitor Turned CEO_6")
_krishna-ji-bhajan-2024.webp "LIVE BHAJAN SANGEETᴬᴷ")
_bangbros.webp "Net - Topic")
_ms-janitor-turned-ceo-6.webp "Ms. Janitor Turned CEO_6")
_la-ziquemachine-juin-2024.webp "2014 Sia - Chandelier<br/>2004 Jenifer - Ma Révolution <br/>1994 Prince - The Most Beautiful Girl In the World <br/>1984 Duran Duran - The Reflex <br/>1974 Terry Jacks - Seasons in the sun <br/>1964 Hugues Aufray ... Dès que le Printemps revient")
_how-bill-walton-became-the-39luckiest-guy-in-the-world39-both-on-amp-off-the-court---nba-countdown.webp "How Bill Walton became the 'luckiest guy in the world' both on & off the court _ NBA Countdown .<br/>bill walton,bill walton the luckiest man in the world,the luckiest man in the world,walton,bill walton highlights,the history of bill walton,bill walton the greatful dead,bill walton commentary,bill walton story,bill walton nba,bill walton espn,bill walton ucla,bill walton injury,bill walton funniest moments,bill walton interview,bill walton net worth,best of bill walton,bill walton celtics,the history of basketball,bill walton dies")
⏲ 5:34 👁 15K
_ms-janitor-turned-ceo-6.webp "Ms. Janitor Turned CEO_6")
_ms-janitor-turned-ceo-6.webp "Ms. Janitor Turned CEO_6")
_ms-janitor-turned-ceo-6.jpg)
_krishna-ji-bhajan-2024.jpg)
_bangbros.jpg)
_ms-janitor-turned-ceo-6.jpg)
_la-ziquemachine-juin-2024.jpg)
_how-bill-walton-became-the-39luckiest-guy-in-the-world39-both-on-amp-off-the-court---nba-countdown.jpg)
_ms-janitor-turned-ceo-6.jpg)
_ms-janitor-turned-ceo-6.jpg)
![[+]](/images/menu.gif){kind=small}